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$225,000
-- Bed
- 2 Baths
2 full baths
2,266sqft
2910 Tuxedo St, Detroit, MI 48206
$225,000
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Duplex
Built in 1923
$-- HOA
4,356 sqft lot
$99/sq.ft
Description
Excellent multifamily investment opportunity in Detroit! 2910 Tuxedo offers strong income-producing potential with a spacious multi-unit layout and tenant-occupied stability. Currently generating reliable cash flow with cash-paying tenants at $950 per unit, this property offers an estimated 13% cap rate, making it an attractive addition to any investment portfolio. Ideal for investors seeking immediate rental income with long-term upside potential. Features solid rental appeal and convenient access to major freeways, shopping, schools, dining, and local amenities. A great opportunity for both seasoned and new investors looking for dependable income-producing assets in Det...
Continue ReadingProperty Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
Year Built
1923
HOA Fees
-
Finished Area
2,266 sqft
Lot Size
4,356 sqft lot
Basement Area
- sqft
MLS Name
MiRealSource MLS
MLS Number
60991318
MLS Status
Active
Days on Market
76
Cumulative Days on Market
60
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